SPX Analysis by harmynder

The analysis begins by assessing that all indices are overbought, suggesting day trading only, taking profits and looking for short opportunities as prices rise. A similar strategy is advised for Nasdaq, focusing on selling within the red zones and considering shorts as prices increase. Dow Jones follows the same pattern. Russel 2000 also shares the same view, expecting a pullback and favoring profit-taking or slight shorts, with better shorting opportunities at higher price points. For Bitcoin, it points out that the price came to the buy zone bounced several times, and reached to sell zone. After this, long term analysis for US500 mentions the possibility of touching 6836, and a drop to green area for bears; with Amazon's earnings after close potentially driving market movement. Review for several stocks were provided such as AMD. Finally it is also mentioned a big gap in TLT and the need to fill this gap.